Stock Market & Financial Investment News

MedAssets, Centegra Health System expand relationshipMedAssets announced that Centegra Health System has expanded its relationship with the company to include its portfolio of revenue performance improvement solutions. The new agreement will support Centegra's initiatives to become a value-based organization in preparation for risk-based reimbursement models. Plans call for the use of multiple MedAssets solutions including, Revenue Cycle Performance, Recovery and Collections, Patient Access, Claims & Billing, and Contract & Episode Management solutions to support the regional health provider overcome increased margin pressures, assume greater risk and manage more complexity in coding and payor contracting.

MedAssets downgraded to Sector Weight from Overweight at KeyBancKeybanc downgraded MedAssets to Sector Weight based on healthy valuation and concerns that EBITDA growth may be limited due to negative mix shift in 2016.

MedAssets downgraded to Market Perform from Outperform at CowenCowen downgraded MedAssets to Market Perform and lowered its price target to $22 from $25. The firm believes shares reflect optimism around a transformative corporate event such as a split between the SCM and RCM segments, that is less likely to happen.